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data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-21T10:12:55.056Z">Friday, 21 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="19bcdd11-9f2e-48fc-b469-0182edb0be54" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="19bcdd11-9f2e-48fc-b469-0182edb0be54"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/hedge-funds" aria-label="Category: Hedge funds">Hedge funds</a></div><div class="o-teaser__heading"><a href="/content/19bcdd11-9f2e-48fc-b469-0182edb0be54" data-trackable="heading-link" class="js-teaser-heading-link">Hedge funds are feeling their oats </a></div><p class="o-teaser__standfirst"><a href="/content/19bcdd11-9f2e-48fc-b469-0182edb0be54" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">They’re even (cautiously) shorting 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datetime="2025-02-21T09:55:02.397Z">Friday, 21 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="2a8a1737-f05b-4c89-afdb-17c47c9dc149" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="2a8a1737-f05b-4c89-afdb-17c47c9dc149"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/d933ab59-855e-46ea-a06e-8a5af84f744b" aria-label="Category: Competition &amp; Markets Authority">Competition &amp; Markets Authority</a></div><div class="o-teaser__heading"><a href="/content/2a8a1737-f05b-4c89-afdb-17c47c9dc149" data-trackable="heading-link" class="js-teaser-heading-link">Four banks fined by UK regulator over gilt information sharing</a></div><p class="o-teaser__standfirst"><a href="/content/2a8a1737-f05b-4c89-afdb-17c47c9dc149" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Citi, HSBC, Morgan Stanley and Royal Bank of Canada agree to pay over £100mn</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="2a8a1737-f05b-4c89-afdb-17c47c9dc149" data-myft-ui="saved" action="/myft/save/2a8a1737-f05b-4c89-afdb-17c47c9dc149" data-js-action="/__myft/api/core/saved/content/2a8a1737-f05b-4c89-afdb-17c47c9dc149?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Four banks fined by UK regulator over gilt information sharing to myFT for later" aria-label="Save Four banks fined by UK regulator over gilt information sharing to myFT for 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</div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-21T08:56:28.425Z">Friday, 21 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="bf316cf0-cab3-47bc-a2f1-a4f52c751bfe" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="bf316cf0-cab3-47bc-a2f1-a4f52c751bfe"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/2c87f7a2-b5f7-48d6-99d3-3d1f3a247d97" aria-label="Category: Standard Chartered PLC">Standard Chartered PLC</a></div><div class="o-teaser__heading"><a href="/content/bf316cf0-cab3-47bc-a2f1-a4f52c751bfe" data-trackable="heading-link" class="js-teaser-heading-link">StanChart CEO says bonus cap led to ‘grotesque’ banker pay rises</a></div><p class="o-teaser__standfirst"><a href="/content/bf316cf0-cab3-47bc-a2f1-a4f52c751bfe" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Lender reduces chief executive’s basic pay by 40% but higher reward possible after UK’s abolition of cap</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="bf316cf0-cab3-47bc-a2f1-a4f52c751bfe" data-myft-ui="saved" action="/myft/save/bf316cf0-cab3-47bc-a2f1-a4f52c751bfe" data-js-action="/__myft/api/core/saved/content/bf316cf0-cab3-47bc-a2f1-a4f52c751bfe?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7118cfb4-ba7a-4bab-b2bb-25e998e5c5d8.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Bill Winters"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-21T07:00:15.019Z">Friday, 21 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="5a54fe52-ac56-4c31-88af-d5c17c327931" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="5a54fe52-ac56-4c31-88af-d5c17c327931"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/etf-stream" aria-label="Category: Exchange traded funds">Exchange traded funds</a></div><div class="o-teaser__heading"><a href="/content/5a54fe52-ac56-4c31-88af-d5c17c327931" data-trackable="heading-link" class="js-teaser-heading-link">Amundi lists 11 ETFs in London</a></div><p class="o-teaser__standfirst"><a href="/content/5a54fe52-ac56-4c31-88af-d5c17c327931" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Move underlines its ‘commitment to UK market’, French manager says</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5a54fe52-ac56-4c31-88af-d5c17c327931" data-myft-ui="saved" action="/myft/save/5a54fe52-ac56-4c31-88af-d5c17c327931" data-js-action="/__myft/api/core/saved/content/5a54fe52-ac56-4c31-88af-d5c17c327931?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article 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data-o-date-format="date-only" datetime="2025-02-21T05:00:15.574Z">Friday, 21 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="41777b77-7f27-4e37-a31f-3677e230d4a0" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="41777b77-7f27-4e37-a31f-3677e230d4a0"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/personal-finance" aria-label="Category: Personal Finance">Personal Finance</a></div><div class="o-teaser__heading"><a href="/content/41777b77-7f27-4e37-a31f-3677e230d4a0" data-trackable="heading-link" class="js-teaser-heading-link">Bonus season: how does yours measure up?</a></div><p class="o-teaser__standfirst"><a href="/content/41777b77-7f27-4e37-a31f-3677e230d4a0" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Our annual survey of FT readers shows bonus payouts are on the rise, but so too are tax concerns and school fees</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="41777b77-7f27-4e37-a31f-3677e230d4a0" data-myft-ui="saved" action="/myft/save/41777b77-7f27-4e37-a31f-3677e230d4a0" data-js-action="/__myft/api/core/saved/content/41777b77-7f27-4e37-a31f-3677e230d4a0?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Bonus season: how does yours measure up? to myFT for later" aria-label="Save Bonus season: how does yours measure up? to myFT for later" data-alternate-label="Bonus season: how does yours measure up? is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="41777b77-7f27-4e37-a31f-3677e230d4a0" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/41777b77-7f27-4e37-a31f-3677e230d4a0" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2573%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb140d454-2b96-4e93-8225-9cc8b65f91f8.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Illustration of a stork bird delivering a bag of money"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-21T05:00:15.453Z">Friday, 21 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7707ca2a-11a0-4a4a-ab82-b331f7004fa0" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="7707ca2a-11a0-4a4a-ab82-b331f7004fa0"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/commercial-property" aria-label="Category: Commercial property">Commercial property</a></div><div class="o-teaser__heading"><a href="/content/7707ca2a-11a0-4a4a-ab82-b331f7004fa0" data-trackable="heading-link" class="js-teaser-heading-link">How high-end City offices smashed through the £100 sq ft ceiling</a></div><p class="o-teaser__standfirst"><a href="/content/7707ca2a-11a0-4a4a-ab82-b331f7004fa0" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Ultra-high rents were previously a rarity. Last year they became almost commonplace</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="7707ca2a-11a0-4a4a-ab82-b331f7004fa0" data-myft-ui="saved" action="/myft/save/7707ca2a-11a0-4a4a-ab82-b331f7004fa0" data-js-action="/__myft/api/core/saved/content/7707ca2a-11a0-4a4a-ab82-b331f7004fa0?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save How high-end City offices smashed through the £100 sq ft ceiling to myFT for later" aria-label="Save How high-end City offices smashed through the £100 sq ft ceiling to myFT for later" data-alternate-label="How high-end City offices smashed through the £100 sq ft ceiling is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="7707ca2a-11a0-4a4a-ab82-b331f7004fa0" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/7707ca2a-11a0-4a4a-ab82-b331f7004fa0" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F0b57b3e8-f2ef-4dea-82e6-3933c159bed2.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="22 Bishopsgate"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-21T05:00:15.415Z">Friday, 21 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="96c3a8da-e3c5-4b19-a848-08995cda91a4" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="96c3a8da-e3c5-4b19-a848-08995cda91a4"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Markets Insight</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/244ff13b-8a24-4270-b29d-a0d33310810c" aria-label="Category: Ari Rubenstein">Ari Rubenstein</a></div><div class="o-teaser__heading"><a href="/content/96c3a8da-e3c5-4b19-a848-08995cda91a4" data-trackable="heading-link" class="js-teaser-heading-link">Time for the SEC to get serious on crypto</a></div><p class="o-teaser__standfirst"><a href="/content/96c3a8da-e3c5-4b19-a848-08995cda91a4" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">There is a real opportunity to take this industry forward by creating a sensible regulatory framework</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="96c3a8da-e3c5-4b19-a848-08995cda91a4" data-myft-ui="saved" action="/myft/save/96c3a8da-e3c5-4b19-a848-08995cda91a4" data-js-action="/__myft/api/core/saved/content/96c3a8da-e3c5-4b19-a848-08995cda91a4?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Time for the SEC to get serious on crypto to 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Commission headquarters in Washington"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-21T05:00:15.408Z">Friday, 21 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="c6ab1477-c6ae-4b37-9ddd-9f084751f58b" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="c6ab1477-c6ae-4b37-9ddd-9f084751f58b"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/isas" aria-label="Category: Isas">Isas</a></div><div class="o-teaser__heading"><a href="/content/c6ab1477-c6ae-4b37-9ddd-9f084751f58b" data-trackable="heading-link" class="js-teaser-heading-link">Hargreaves Lansdown chief warns against scrapping cash Isa</a></div><p class="o-teaser__standfirst"><a href="/content/c6ab1477-c6ae-4b37-9ddd-9f084751f58b" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Removing tax breaks on the popular saving product would be ‘dangerous’, says Dan Olley</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="c6ab1477-c6ae-4b37-9ddd-9f084751f58b" data-myft-ui="saved" action="/myft/save/c6ab1477-c6ae-4b37-9ddd-9f084751f58b" data-js-action="/__myft/api/core/saved/content/c6ab1477-c6ae-4b37-9ddd-9f084751f58b?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Hargreaves 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F38b0cd3b-acc1-4876-9bee-e051238ae92b.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Dan Olley"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-teaser o-teaser--native-ad o-teaser--small o-teaser--stream-card" data-o-ads-name="PartnerContent--horizontal" data-o-ads-targeting="pos=native;format=horizontal" data-o-ads-formats="PartnerContent" data-o-ads-component="slot" ></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-21T05:00:15.372Z">Friday, 21 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="1cae9905-cd47-4b5e-b655-fb31aa603619" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="1cae9905-cd47-4b5e-b655-fb31aa603619"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/capital-markets" aria-label="Category: Capital markets">Capital markets</a></div><div class="o-teaser__heading"><a href="/content/1cae9905-cd47-4b5e-b655-fb31aa603619" data-trackable="heading-link" class="js-teaser-heading-link">Investors call for shake-up of Europe’s ‘failed’ securitisation market</a></div><p class="o-teaser__standfirst"><a href="/content/1cae9905-cd47-4b5e-b655-fb31aa603619" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Fund managers and insurers say long-overdue reforms could unlock hundreds of billions of euros in financing</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="1cae9905-cd47-4b5e-b655-fb31aa603619" data-myft-ui="saved" action="/myft/save/1cae9905-cd47-4b5e-b655-fb31aa603619" data-js-action="/__myft/api/core/saved/content/1cae9905-cd47-4b5e-b655-fb31aa603619?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Investors call for shake-up of Europe’s ‘failed’ securitisation market to myFT for later" aria-label="Save Investors call for shake-up of Europe’s ‘failed’ securitisation market to myFT for later" data-alternate-label="Investors call for shake-up of Europe’s ‘failed’ securitisation market is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="1cae9905-cd47-4b5e-b655-fb31aa603619" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/1cae9905-cd47-4b5e-b655-fb31aa603619" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8f677e82-8442-4468-bfd2-0762547b9467.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Former Italian Prime Minister and economist Mario Draghi arrives to present his plan to strengthen Europe’s competitiveness"/></div></a></div></div> </div> </div> </li> <li 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href="/content/d9435e43-d09c-4de9-a372-689091dfc7ef" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Bill would require lenders to inform the government if they found evidence of overpayment </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="d9435e43-d09c-4de9-a372-689091dfc7ef" data-myft-ui="saved" action="/myft/save/d9435e43-d09c-4de9-a372-689091dfc7ef" data-js-action="/__myft/api/core/saved/content/d9435e43-d09c-4de9-a372-689091dfc7ef?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save UK scopes plan to grant banks access to welfare claimants’ 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F2e346aac-7663-45d2-b6b8-fe10328a2022.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Disabled wheelchair users with children"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-20T21:34:41.418Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7ab931b7-482d-42ae-bd8e-53451ddc7578" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="7ab931b7-482d-42ae-bd8e-53451ddc7578"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/workplace-diversity-equality" aria-label="Category: Workplace diversity &amp; equality">Workplace diversity &amp; equality</a></div><div class="o-teaser__heading"><a href="/content/7ab931b7-482d-42ae-bd8e-53451ddc7578" data-trackable="heading-link" class="js-teaser-heading-link">Citi becomes latest US company to abandon diversity targets</a></div><p class="o-teaser__standfirst"><a href="/content/7ab931b7-482d-42ae-bd8e-53451ddc7578" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Trump’s return to the presidency has sharpened criticism of diversity, equity and inclusion programmes</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="7ab931b7-482d-42ae-bd8e-53451ddc7578" data-myft-ui="saved" action="/myft/save/7ab931b7-482d-42ae-bd8e-53451ddc7578" data-js-action="/__myft/api/core/saved/content/7ab931b7-482d-42ae-bd8e-53451ddc7578?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Citi becomes latest US company to abandon diversity targets to myFT for later" aria-label="Save Citi becomes latest US company to abandon diversity 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</li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-20T17:23:12.309Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="bdda414f-2acc-4794-9a62-a390e777c472" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="bdda414f-2acc-4794-9a62-a390e777c472"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/white-collar-crime" aria-label="Category: White collar crime">White collar crime</a></div><div class="o-teaser__heading"><a href="/content/bdda414f-2acc-4794-9a62-a390e777c472" data-trackable="heading-link" class="js-teaser-heading-link">Pandemic homeworking gave cover for insider-trading scheme, UK court told</a></div><p class="o-teaser__standfirst"><a href="/content/bdda414f-2acc-4794-9a62-a390e777c472" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Prosecutors say former Janus Henderson employee was ‘at the centre’ of the scheme, although he denies charges</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="bdda414f-2acc-4794-9a62-a390e777c472" data-myft-ui="saved" action="/myft/save/bdda414f-2acc-4794-9a62-a390e777c472" data-js-action="/__myft/api/core/saved/content/bdda414f-2acc-4794-9a62-a390e777c472?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Pandemic 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Feec2863b-0181-4a35-8f08-a802c9c6d5e9.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Janus Henderson logo"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-20T17:11:52.455Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7eb65877-619c-4568-8766-056f8454b759" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="7eb65877-619c-4568-8766-056f8454b759"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Lex</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/mergers-acquisitions" aria-label="Category: Mergers &amp; Acquisitions">Mergers &amp; Acquisitions</a></div><div class="o-teaser__heading"><a href="/content/7eb65877-619c-4568-8766-056f8454b759" data-trackable="heading-link" class="js-teaser-heading-link">Wood Group finds bad M&amp;A also comes in small packages</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/7eb65877-619c-4568-8766-056f8454b759" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Many of the engineering group’s woes have their roots in the 2017 deal</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="7eb65877-619c-4568-8766-056f8454b759" data-myft-ui="saved" action="/myft/save/7eb65877-619c-4568-8766-056f8454b759" 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</form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/7eb65877-619c-4568-8766-056f8454b759" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2761%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fbf1345b0-0bdb-450a-ad9b-dc6e480bee8a.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Mobile phone with logo of British engineering company John Wood Group in front of computer with its website"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-20T10:03:44.011Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="6cc01fb6-06b3-445e-8189-194c5b3d4446" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="6cc01fb6-06b3-445e-8189-194c5b3d4446"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/lloyds-banking-group" aria-label="Category: Lloyds Banking Group">Lloyds Banking Group</a></div><div class="o-teaser__heading"><a href="/content/6cc01fb6-06b3-445e-8189-194c5b3d4446" data-trackable="heading-link" class="js-teaser-heading-link">Lloyds sets aside another £700mn after car finance probe</a></div><p class="o-teaser__standfirst"><a href="/content/6cc01fb6-06b3-445e-8189-194c5b3d4446" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">UK bank had already booked a £450mn provision last year</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" 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data-o-date-format="date-only" datetime="2025-02-20T05:00:52.174Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="86b00510-b19a-47aa-83c4-39e86017e415" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="86b00510-b19a-47aa-83c4-39e86017e415"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Markets Insight</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/23a081f4-9fb2-4268-9328-e0e464a0e2d9" aria-label="Category: Lorenzo Bini Smaghi">Lorenzo Bini Smaghi</a></div><div class="o-teaser__heading"><a href="/content/86b00510-b19a-47aa-83c4-39e86017e415" data-trackable="heading-link" class="js-teaser-heading-link">An action plan for the ECB</a></div><p class="o-teaser__standfirst"><a href="/content/86b00510-b19a-47aa-83c4-39e86017e415" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">How the central bank can spur capital markets unification in the EU</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="86b00510-b19a-47aa-83c4-39e86017e415" data-myft-ui="saved" action="/myft/save/86b00510-b19a-47aa-83c4-39e86017e415" data-js-action="/__myft/api/core/saved/content/86b00510-b19a-47aa-83c4-39e86017e415?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save An action plan for the ECB to myFT for later" aria-label="Save An action plan for the ECB to myFT for later" data-alternate-label="An action plan for the ECB is Saved 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</div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid1;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-20T05:00:52.136Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="0e039fbc-a19d-4c51-9c4d-f3df956f6447" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="0e039fbc-a19d-4c51-9c4d-f3df956f6447"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/etf-stream" aria-label="Category: Exchange traded funds">Exchange traded funds</a></div><div class="o-teaser__heading"><a href="/content/0e039fbc-a19d-4c51-9c4d-f3df956f6447" data-trackable="heading-link" class="js-teaser-heading-link">Innovations expected to turbo-charge crypto ETF industry</a></div><p class="o-teaser__standfirst"><a href="/content/0e039fbc-a19d-4c51-9c4d-f3df956f6447" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Participants say favourable regulatory environment could lead to enthusiasm for diversified indices of digital tokens</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="0e039fbc-a19d-4c51-9c4d-f3df956f6447" data-myft-ui="saved" action="/myft/save/0e039fbc-a19d-4c51-9c4d-f3df956f6447" data-js-action="/__myft/api/core/saved/content/0e039fbc-a19d-4c51-9c4d-f3df956f6447?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Innovations expected to turbo-charge crypto ETF industry to myFT for later" aria-label="Save Innovations expected to turbo-charge crypto ETF industry to myFT for later" data-alternate-label="Innovations expected to turbo-charge crypto ETF industry is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="0e039fbc-a19d-4c51-9c4d-f3df956f6447" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/0e039fbc-a19d-4c51-9c4d-f3df956f6447" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2692%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb658fb37-c868-4a88-8919-53399ec24be0.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Representations of cryptocurrencies in an illustration"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-20T05:00:52.135Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="15e9e87e-e290-40f1-8539-5f5b06da905b" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="15e9e87e-e290-40f1-8539-5f5b06da905b"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/c8f0c70e-50ff-4556-9154-158d21e958d5" aria-label="Category: UniCredit SpA">UniCredit SpA</a></div><div class="o-teaser__heading"><a href="/content/15e9e87e-e290-40f1-8539-5f5b06da905b" data-trackable="heading-link" class="js-teaser-heading-link">Orcel says Ukraine breakthrough could unlock sale of UniCredit’s Russia unit</a></div><p class="o-teaser__standfirst"><a href="/content/15e9e87e-e290-40f1-8539-5f5b06da905b" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Italian lender is one of the few large western banks still remaining in the country</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="15e9e87e-e290-40f1-8539-5f5b06da905b" data-myft-ui="saved" action="/myft/save/15e9e87e-e290-40f1-8539-5f5b06da905b" data-js-action="/__myft/api/core/saved/content/15e9e87e-e290-40f1-8539-5f5b06da905b?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Orcel says Ukraine breakthrough could unlock sale of UniCredit’s Russia unit to myFT for later" aria-label="Save Orcel says Ukraine breakthrough could unlock sale of UniCredit’s Russia unit to myFT for later" data-alternate-label="Orcel says Ukraine breakthrough could unlock sale of UniCredit’s Russia unit is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="15e9e87e-e290-40f1-8539-5f5b06da905b" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/15e9e87e-e290-40f1-8539-5f5b06da905b" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2183%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fc211582a-f9f6-4dcb-9d9c-4e9908599f69.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Andrea Orcel"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-20T05:00:52.112Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="b7f86e28-bada-4e24-ad12-057c6be6c9a4" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="b7f86e28-bada-4e24-ad12-057c6be6c9a4"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/islamic-finance" aria-label="Category: Islamic finance">Islamic finance</a></div><div class="o-teaser__heading"><a href="/content/b7f86e28-bada-4e24-ad12-057c6be6c9a4" data-trackable="heading-link" class="js-teaser-heading-link">Clerics’ rule change threatens to throw Islamic debt market into turmoil</a></div><p class="o-teaser__standfirst"><a href="/content/b7f86e28-bada-4e24-ad12-057c6be6c9a4" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Proposed new standards could reshape sharia-compliant bonds and hit growth of $1tn market</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="b7f86e28-bada-4e24-ad12-057c6be6c9a4" data-myft-ui="saved" action="/myft/save/b7f86e28-bada-4e24-ad12-057c6be6c9a4" data-js-action="/__myft/api/core/saved/content/b7f86e28-bada-4e24-ad12-057c6be6c9a4?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Clerics’ rule change threatens to throw Islamic debt market into turmoil to myFT for later" aria-label="Save Clerics’ rule change threatens to throw Islamic debt market into turmoil to myFT for later" data-alternate-label="Clerics’ rule change threatens to throw Islamic debt market into turmoil is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="b7f86e28-bada-4e24-ad12-057c6be6c9a4" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/b7f86e28-bada-4e24-ad12-057c6be6c9a4" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fa7219536-835c-4ac8-bf84-a9af1a57bb24.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Saudi Arabia’s crown prince Mohammed bin Salman"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-20T02:26:42.473Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="f9d35d4d-a4cc-42cf-a5c6-a51977c28ca3" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="f9d35d4d-a4cc-42cf-a5c6-a51977c28ca3"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/d3e3d907-c39b-43fe-8142-9baf61049872" aria-label="Category: China Vanke Co Ltd">China Vanke Co Ltd</a></div><div class="o-teaser__heading"><a href="/content/f9d35d4d-a4cc-42cf-a5c6-a51977c28ca3" data-trackable="heading-link" class="js-teaser-heading-link">Struggling Chinese builder Vanke turns to state managers to ‘stop the decline’</a></div><p class="o-teaser__standfirst"><a href="/content/f9d35d4d-a4cc-42cf-a5c6-a51977c28ca3" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Default of property developer so closely linked to government would be blow to economic confidence</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="f9d35d4d-a4cc-42cf-a5c6-a51977c28ca3" data-myft-ui="saved" action="/myft/save/f9d35d4d-a4cc-42cf-a5c6-a51977c28ca3" data-js-action="/__myft/api/core/saved/content/f9d35d4d-a4cc-42cf-a5c6-a51977c28ca3?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Struggling Chinese builder Vanke turns to state managers to ‘stop the decline’ to myFT for later" aria-label="Save Struggling Chinese builder Vanke turns to state managers to ‘stop the decline’ to myFT for later" data-alternate-label="Struggling Chinese builder Vanke turns to state managers to ‘stop the decline’ is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="f9d35d4d-a4cc-42cf-a5c6-a51977c28ca3" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/f9d35d4d-a4cc-42cf-a5c6-a51977c28ca3" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2200%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8a73fb40-debb-4d01-9123-c4b52b53439f.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Aerial view of multiple high-rise buildings in Zhengzhou, China, with red roofs arranged in a symmetrical pattern, surrounded by landscaped green spaces, pathways and recreational areas"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-20T01:55:07.714Z">Thursday, 20 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="fdd5d865-08e6-4d65-b670-a816d8b97173" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="fdd5d865-08e6-4d65-b670-a816d8b97173"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/hong-kong-economy" aria-label="Category: Hong Kong economy">Hong Kong economy</a></div><div class="o-teaser__heading"><a href="/content/fdd5d865-08e6-4d65-b670-a816d8b97173" data-trackable="heading-link" class="js-teaser-heading-link">Hong Kong’s low-tax appeal threatened by property slowdown </a></div><p class="o-teaser__standfirst"><a href="/content/fdd5d865-08e6-4d65-b670-a816d8b97173" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Years of budget deficits have forced financial hub’s government to look further afield for revenue</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="fdd5d865-08e6-4d65-b670-a816d8b97173" data-myft-ui="saved" action="/myft/save/fdd5d865-08e6-4d65-b670-a816d8b97173" data-js-action="/__myft/api/core/saved/content/fdd5d865-08e6-4d65-b670-a816d8b97173?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Hong Kong’s low-tax appeal threatened by property slowdown to myFT for later" aria-label="Save Hong Kong’s low-tax appeal threatened by property slowdown to myFT for later" data-alternate-label="Hong Kong’s low-tax appeal threatened by property slowdown is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="fdd5d865-08e6-4d65-b670-a816d8b97173" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/fdd5d865-08e6-4d65-b670-a816d8b97173" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2558%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6ed9cc00-5a18-4d12-93d8-9d48ed9ec409.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Skyscrapers in Hong Kong are illuminated as dusk falls, with a clear sky in the background. In the foreground, a person is taking a photo with a smartphone"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-19T17:25:29.593Z">Wednesday, 19 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="533f9322-f098-4b82-823f-a7a8ef9350f1" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="533f9322-f098-4b82-823f-a7a8ef9350f1"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/esg-investing" aria-label="Category: ESG investing">ESG investing</a></div><div class="o-teaser__heading"><a href="/content/533f9322-f098-4b82-823f-a7a8ef9350f1" data-trackable="heading-link" class="js-teaser-heading-link">BlackRock and Vanguard halt meetings with companies after SEC cracks down on ESG</a></div><p class="o-teaser__standfirst"><a href="/content/533f9322-f098-4b82-823f-a7a8ef9350f1" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Regulator’s rules are part of broader effort to rein in power of largest fund managers</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="533f9322-f098-4b82-823f-a7a8ef9350f1" data-myft-ui="saved" action="/myft/save/533f9322-f098-4b82-823f-a7a8ef9350f1" data-js-action="/__myft/api/core/saved/content/533f9322-f098-4b82-823f-a7a8ef9350f1?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save BlackRock and Vanguard halt meetings with companies after SEC cracks down on ESG to myFT for later" aria-label="Save BlackRock and Vanguard halt meetings with companies after SEC cracks down on ESG to myFT for later" data-alternate-label="BlackRock and Vanguard halt meetings with companies after SEC cracks down on ESG is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="533f9322-f098-4b82-823f-a7a8ef9350f1" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/533f9322-f098-4b82-823f-a7a8ef9350f1" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2254%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6e5ab816-8ee1-4ec7-84ed-d73c98815273.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="The BlackRock logo on its headquarters in New York"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-19T16:06:16.020Z">Wednesday, 19 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="d8d21b17-ec77-40a0-bc29-b99bbb6a41e0" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="d8d21b17-ec77-40a0-bc29-b99bbb6a41e0"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/51d10a56-b7de-482e-9603-6e5f31e625ee" aria-label="Category: KKR &amp; Co LP">KKR &amp; Co LP</a></div><div class="o-teaser__heading"><a href="/content/d8d21b17-ec77-40a0-bc29-b99bbb6a41e0" data-trackable="heading-link" class="js-teaser-heading-link">KKR confronts €449mn earnings hole as flagship Italian deal sours</a></div><p class="o-teaser__standfirst"><a href="/content/d8d21b17-ec77-40a0-bc29-b99bbb6a41e0" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Private equity group clashed with management over diverging forecasts for telecoms business</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="d8d21b17-ec77-40a0-bc29-b99bbb6a41e0" data-myft-ui="saved" action="/myft/save/d8d21b17-ec77-40a0-bc29-b99bbb6a41e0" data-js-action="/__myft/api/core/saved/content/d8d21b17-ec77-40a0-bc29-b99bbb6a41e0?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" 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href="/content/d8d21b17-ec77-40a0-bc29-b99bbb6a41e0" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F2dfe3f49-f5f3-4098-b120-ee2045ea9ce5.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Fibre optic cables being fitted by FiberCop workers in downtown Rome"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-02-19T15:07:16.521Z">Wednesday, 19 February, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8c10966e-f7cb-4793-a7e5-7e8ff59a8909" data-stream-item> <div class="o-teaser 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